Deckers Brands Stock Declines on Disappointing Future Projections Despite Strong Q3 Performance

Reported about 6 hours ago

Deckers Brands (DECK) experienced a decline in stock price on Friday after announcing a better-than-expected third quarter revenue, primarily due to disappointing guidance for 2025 and lower fiscal year revenue forecasts. Sales for its Teva brand fell by 6% last quarter, causing concern among investors, even though the stock remains up 50% over the past year.

Source: YAHOO

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